Is the Senior Real Estate Specialist for me?

By
Real Estate Agent with Sky Realty South Austin

OK all you wise ActiveRain folks, I could really use your honest opinions here... I have been seriously thinking about getting a Senior Real Estate Specialist (SRES) designation.  I have been thinking about this for some time and I wonder if it would be worth the extra cost.  I am never against additional education, but I do tire of repetition of course work.

With the populace of the US growing older these babyboomers need to sell their 2 story larger homes and many are looking to downsize in homes, one story has become the favored around these parts.  So tell me ARlanders.. what say you? Do you have additional designations and do you find they bring home more dollars per year? Would you do it again if you know now what you didn't know then?

I don't think the 15 hours of classroom time is very much for the SRES designation, actually the $300 isn't too much money either, then why am I procrastinating?  I guess I just want affirmation that it is a good choice. 

 Here in Texas we have to have about 270 hours of classroom education to get a license, currently, plus of course keep up with Ethics and Legal classes to keep our NAR designation as a Realtor. 

 

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Rainmaker
243,895
Mike Klijanowicz
#1 Baltimore & Harford County Maryland REMAX Agent
Baltimore & Harford County Maryland - RE/MAX AMERICAN DREAM

Wow, lots of training there in Texas!  I think it depends on what you are going to do to market these people.  I don't have any designations and do just fine.  My reason for not having them is because I don't have the time, even in this market things are busy!  Designations in and of themselves will not necesarily bring you business.  It is what you do to go out and get that business...

December 01, 2008 03:01 PM
Anonymous #2
Anonymous
Anonymous

I would not spend 30 cents or 30 minutes to get that designation.  Dealing with seniors is much easier than dealing with anyone else.  Patience, understanding and respect is all you need.  You can send me a check for $300. 

December 01, 2008 03:18 PM
Rainmaker
776,333
Richard Weeks
Realtor, Associate Broker - Manager Business Development
Waller Group

Gail,

I think it is a worthwhile designation.  I plan to attend the class, it is not taught that often in the Dallas area.

December 01, 2008 04:01 PM
Rainmaker
702,055
Ann Hayden
SelectAnn.com
Berkshire Hathaway HomeServices Select Properties-St. Louis Missouri

Gail,

I was wondering the same thing as you...  Is the class worth the time and money..

Ann

December 01, 2008 06:03 PM
Anonymous #5
Anonymous
Armand

Gail,

I am a broker in Dallas and on the board of the NAR for the SRES designation. I would suggest everyone who is interested in working in the Seniors market obtain the designation. Since the NAR now owns the designation it has been updated and improved temendously since it began.

You will benefit for sure.

Armand Christopher

 

December 01, 2008 06:29 PM
Rainmaker
525,709
Shirley Parks
Broker, 210-414-0966, San Antonio TX Homes
Sands Realty 210-414-0966

Hi Gail, I have noticed more people getting this designation lately and I plan on getting it, too.  It's a good idea.

December 01, 2008 07:34 PM
Rainmaker
365,920
Ricki Eichler
Broker,GRI,ABR,TAHS,ePRO - Your Texas Hill Country
Ricki Eichler Real Estate LLC

Hi Gail,   I think it would be a wise investment for you not only for the knowledge but for the marketing advantage as well.

December 01, 2008 11:29 PM
Rainmaker
591,494
Laura Giannotta
Your Realtor Down the Shore!
Keller Williams Realty - Atlantic Shore

I've thought about it.  But this year I decided on the ABR, Accredited Buyers Representative, designation which I highly recommend!

Laura G

December 02, 2008 07:01 AM
Rainer
264,941
South Austin Real Estate Blog
Sky Realty South Austin

Thanks for the comments to all... overall the designation is deemed to be worthy it seems, I have marked my calendar and I will let ya'll know how it goes.  The class is not scheduled here til March so I have some time to decide for sure.

December 02, 2008 07:22 AM
Rainer
135,448
Melody Botting
Melody Botting Real Estate Network

I have taken the class but it has been a few years ago.  It really helps you 'think' about the needs of older or retired buyers.  Your clients will be better served by it.

December 02, 2008 08:25 AM
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Rainer
264,941

South Austin Real Estate Blog

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